Wyoming lawmakers want to bring in blockchain related businesses. This week the state legislature voted on a bill that exempts certain types of cryptocurrency assets from securities laws. State Representative Tyler Lindholm (R-District 1) and State Senator Tara Nethercott (R-District 4) explain how they create opportunities for businesses in their districts.
"We are identifying the difference between a utility token and a security," explains Lindholm. "We've actually already seen businesses move just based on the premise that we are looking at the bills."
Nethercott says there needs to be a healthy balance of regulation. "We want to make sure we don't have a regulatory environment that prevents its growth," she said. "We want to make sure regulations are reasonable."
The Governor of Wyoming is expected to vote on the cryptocurrency bill within the next week.
California Gov. Gavin Newsom fulfilled his pledge to appoint a Black woman if Dianne Feinstein’s seat became open. The long-serving Democratic senator died Thursday after a series of illnesses.
In a statement Sunday, the Atlanta-based Fearless Fund said it would comply with the order but remained confident of prevailing in the lawsuit, which was brought by conservative activist Edward Blum’s American Alliance for Equal Rights.
